$135,000
Visalia, CA 93292
MLS# 232934
Status: Closed
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Property Description
Rare opportunity to acquire prime RM-2 multifamily development land in one of Visalia's most active growth corridors. Ideally located with convenient freeway access and surrounded by modern residential subdivisions, this parcel stands out as one of the last remaining RM-2 zoned lots in the area—allowing for up to 6 multifamily units (buyer to verify). The owner of this property will benefit from the highly anticipated construction of the 198 and road 146 Interchange project to the east, greatly enhancing vehicle and pedestrian connectivity to 198 and the east side regional park! This is your chance to capitalize on strong rental demand, build equity, and generate future cash flow in a rapidly expanding market. Whether you're an experienced developer or first-time investor, the seller is open to carrying financing—making this an even more attractive opportunity. Key Highlights: RM-2 zoning - up to 6 units (buyer to confirm) Excellent location with freeway access, nearby regional park Surrounded by new residential development Seller financing available Act now—opportunities like this don't last!
Details
Maps
Property Information
Property Sub-Type: Residential
APN: 101060011000
Lot Acres: 0.47
Lot SqFt: 20473
Lot Size Source: Estimated
Lot Dimensions: 180' x 96' approx
Zoning Description: RM2 - Residential Multi Family for up to 6 units.
Additional Parcels Y/N: No
Common Interest: None
Street #: 424
Direction: S
Street Name: Mcauliff
Suffix: Street
State/Province: CA
Zip Code: 93292
County: Tulare
Subdivision: None Specified
Area: Visalia SE
Listing Information
List Price/Acre: 317021.28
Original List Price: 169000
Status: Closed
Listing Date: 2025-01-01
Listing Price: 149000
Current Price: $135,000
Showing Information
Directions to Property: East on Noble from Ben Maddox, South East corner of Mcauliff and Noble.
Remarks
Marketing Remarks: Rare opportunity to acquire prime RM-2 multifamily development land in one of Visalia's most active growth corridors. Ideally located with convenient freeway access and surrounded by modern residential subdivisions, this parcel stands out as one of the last remaining RM-2 zoned lots in the area—allowing for up to 6 multifamily units (buyer to verify). The owner of this property will benefit from the highly anticipated construction of the 198 and road 146 Interchange project to the east, greatly enhancing vehicle and pedestrian connectivity to 198 and the east side regional park!
This is your chance to capitalize on strong rental demand, build equity, and generate future cash flow in a rapidly expanding market. Whether you're an experienced developer or first-time investor, the seller is open to carrying financing—making this an even more attractive opportunity.
Key Highlights:
RM-2 zoning - up to 6 units (buyer to confirm)
Excellent location with freeway access, nearby regional park
Surrounded by new residential development
Seller financing available
Act now—opportunities like this don't last!
General Information
HOA: No
Horse Property: No
Direction Faces: West
House: No
Solar YN: No
Waterfront: No
Status Change Info
Close Price/Acre: 287234.04
Status Change Date: 2025-11-10
Pending Date: 2025-10-20
Close Date: 2025-11-06
Close Price: 135000
Utilities
None: 1
Water
None: 1
Sewer
Other: 1
Listing Terms
1031 Exchange: 1
Owner May Carry: 1
Private Financing Available: 1
Property Features
Utilities: None
Water: None
Sewer: Other
Listing Terms: 1031 Exchange; Owner May Carry; Private Financing Available
IDX
Listing Office: Chase Morgan
Listing Agent: Chase Morgan | chase@morgan-enterprise.com
Agent Email: chase@morgan-enterprise.com
Last Updated: November - 10 - 2025
Information deemed reliable but not guaranteed.